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substr(t09_sb_sh(apply_filters('the_content','<p>SAN RAMON, Calif. ? Chevron Corp. said Tuesday that it expects to report lower earnings for its oil exploration and production business in the third quarter, reflecting a sharp drop in oil-equivalent production for the period.</p> <p>The oil company said that earnings at its oil exploration and production business, or upstream arm, were hurt during the quarter due to a drop in crude oil realizations and lower liftings.</p> <p>However, Chevron expects that earnings from refining and marketing, also known as its downstream business, will increase, largely due to an asset sale gain.</p> <p>Earnings for both operating segments are expected to benefit from favorable foreign currency exchange, reflecting a stronger U.S. dollar, Chevron said.</p> <p>All in /home/robj/public_html/wp-content/plugins/sbpro/func.inc.php on line 817